Metal Tiger Share Discussion Threads

[cool hand kev] 12/10/2017 08:11

Spike time 2.4 soon

[temmujin] 12/10/2017 07:40

i would say greatland could easily go to 50p in a short space of time especially if newmont make an offer

[temmujin] 12/10/2017 07:38

greatland gold should double again today..dont forget mtr have 84m shares in it

[tsmith2] 11/10/2017 18:18

Add £500k in todayDon't think market has woken up to MTR

[tsmith2] 11/10/2017 18:18

Our. GGG holding £1mn

[cool hand kev] 11/10/2017 15:30

which only adds about £350k to the SP

[uknighted] 11/10/2017 15:27

Thanks Cool hand. GGP currently up 60%.

[cool hand kev] 11/10/2017 15:25

yes we have 84million shares in greatland gold...some of the other gold stocks are going crazy near where greatland are...some up nearly 1000%...i think greatland will follow soon

Assuming it's correct

[uknighted] 11/10/2017 14:54

Just a thought, can anyone corroborate post 6204?

[tsmith2] 11/10/2017 14:40

3p here in short order me thinks

[tsmith2] 11/10/2017 14:39

Uknighted - ta

[tsmith2] 11/10/2017 14:39

Any sort of rubbish spouted about cash requirements well and truly kyboshed

[paleje] 11/10/2017 14:25

Makes quite a difference to their potential cash situation, as does Terry Grammer's warrant exercise.

[uknighted] 11/10/2017 14:12

See post 6204.

[tsmith2] 11/10/2017 14:09

Do MTR hold any shares in GGP?

[uknighted] 11/10/2017 13:54

It's the GGP effect- up over 40% today!

[tsmith2] 11/10/2017 13:46

£500k to explore new opps, so more than confident they have funds for existing ones.Like a lot

[tsmith2] 11/10/2017 13:44

Decent chunk of money in. Confidence too

[cool hand kev] 11/10/2017 08:00

Strange share price movement More Sells and Buys and share price up Perhaps MM's know that news is due?

[tsmith2] 10/10/2017 19:24

Nice price action at end of day

[dreamtwister] 09/10/2017 13:58

their was talk that mod was going to put a lab to process grades as & when ready to be processed so news flow will flow interview with mtr ceo on directors talk sounds chirpy with botwana progress - -

[tsmith2] 09/10/2017 09:08

Some sort of overhang cleared?

[tsmith2] 09/10/2017 08:33

Exciting times

[dreamtwister] 06/10/2017 10:41

with gratitude from bonkers a well collated wealth of infomation with detailed maps&charts



Significant newsflow to drive sentiment:

· The company has confirmed it wants to explore more of the area and has ramped up drilling capabilities confirming there are now seven drill rigs on site drilling new holes. Clearly a campaign of this size will generate regular and potentially game changing news as was the case in March and now with 3rd October announcement.

· Meanwhile, the remaining assay results are due from the already completed drills and you can see the MOD/MTR executives are very excited about these due to the announcement on 3rd October 2017. Again, assay announcements will form a continuous newsflow in Q4 2017 and beyond.

· The company has confirmed the substantial resource upgrade and the enlarged (+25%) processing rate so the PFS due in December 2017 is also eagerly awaited especially as the Copper price is rising

· On 19th September 2017, an interesting announcement was made by MTR who have appointed NRG to provide strategic and financial advice in connection with the company’s strategic options relating to its 30% holding in the JV. This could well lead to a significant monetisation event which would unlock the true value of the JV on to MTR books which is currently undervalued in the MTR MCAP (explored further below) - the announcement can be found here.

So clearly, there is loads going on and huge excitement building. MOD shares have risen substantially since the beginning of 2017 rising 64% YTD, however MTR has trailed the rise in London and therein lies a growing ‘Investment opportunity gap’ which will be explored below.

The crucial thing here of course is that the resource looks to be increasing in size; the original resource was given a base case NPV of US$297m .. clearly this will be ripped up and recalculated due to the 27% resource upgrade and further exploration success

But that’s not all, the seven drilling rigs are now active and seeking more similar discoveries and the IP survey has identified a further 19 targets – EIA approvals are coming in to expand drilling to these targets with more EIA approvals secured in October 2017

The big question is – Just how big and how valuable are these discoveries?

That’s all to come in the coming days & weeks, hence the market excitement. So in the meantime, what’s the opportunity gap with MTR valuation?

[dreamtwister] 03/10/2017 17:48

taken from bonkers